Economic development initiative gets a boost

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The Invest Kootenay Partnership recently received a boost thanks to $100,000 in support from Columbia Basin Trust (CBT).

Invest Kootenay is a joint initiative of local governments, economic development organizations and chambers of commerce with the aim of attracting and retaining investment to and in the Kootenay region. The partnership plans to use the funds to increase awareness of Invest Kootenay on the regional and international stage, attract and engage investors, strengthen the partnership as a regional asset and be a leader in regional investment strategies.

"Invest Kootenay gives potential investors a true sense of this region and provides succinct information on investment opportunities in the area,” said Garry Jackman, chair of Invest Kootenay. “This strong partnership is an indication of how our communities are working together regionally, an element valued by investors looking to become future residents."

Invest Kootenay aims to educate communities on effective investment strategies and attract investors to local opportunities, while also increasing awareness of the services in, and investment-readiness of, Basin communities.

“Part of CBT’s mission is to create a legacy of economic well-being in the Basin,” said Neil Muth, CBT president and CEO. “CBT is proud to work with the Invest Kootenay Partnership communities to support economic sustainability and development in the region.”

The Invest Kootenay Partnership is currently made up of the following partners in the region: Nelson, Castlegar, Revelstoke, Radium Hot Springs, Fernie, Sparwood, Elkford, RDCK—Area A and RDKB—Area D, and Community Futures Central Kootenay. Learn more about Invest Kootenay at investkootenay.com.

CBT supports efforts to deliver social, economic and environmental benefits to the residents of the Columbia Basin. To learn more about CBT programs and initiatives, visit cbt.org or call 1-800-505-8998.

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